On Monday, Co-Diagnostics Inc (NASDAQ: CODX) was -7.37% drop from the session before settling in for the closing price of $0.37. A 52-week range for CODX has been $0.23 – $1.55.
During the last 5-year period, the sales drop of Healthcare Sector giant was -27.40%. When this article was written, the company’s average yearly earnings per share was at 43.55%. With a float of $55.44 million, this company’s outstanding shares have now reached $60.89 million.
Co-Diagnostics Inc (CODX) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Co-Diagnostics Inc stocks. The insider ownership of Co-Diagnostics Inc is 8.95%, while institutional ownership is 15.42%.
Co-Diagnostics Inc (CODX) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 12/31/2024, it has been observed that the corporation posted -0.38 earnings per share (EPS) during the time that was less than consensus figure (set at -0.34) by -0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 43.55% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 31.42% during the next five years compared to -27.40% drop over the previous five years of trading.
Co-Diagnostics Inc (NASDAQ: CODX) Trading Performance Indicators
You can see what Co-Diagnostics Inc (CODX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 41.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.96, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.41 in one year’s time.
Technical Analysis of Co-Diagnostics Inc (CODX)
Looking closely at Co-Diagnostics Inc (NASDAQ: CODX), its last 5-days average volume was 1.45 million, which is a drop from its year-to-date volume of 7.46 million. As of the previous 9 days, the stock’s Stochastic %D was 50.84%.
During the past 100 days, Co-Diagnostics Inc’s (CODX) raw stochastic average was set at 8.51%, which indicates a significant decrease from 34.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0413 in the past 14 days, which was lower than the 0.0530 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.3929, while its 200-day Moving Average is $0.3526. However, in the short run, Co-Diagnostics Inc’s stock first resistance to watch stands at $0.3664. Second resistance stands at $0.3859. The third major resistance level sits at $0.3991. If the price goes on to break the first support level at $0.3337, it is likely to go to the next support level at $0.3205. Now, if the price goes above the second support level, the third support stands at $0.3010.
Co-Diagnostics Inc (NASDAQ: CODX) Key Stats
There are 60,893K outstanding shares of the company, which has a market capitalization of 21.12 million. As of now, sales total 3,920 K while income totals -37,640 K. Its latest quarter income was 150 K while its last quarter net income were -5,890 K.
